MULN 📈 Mullen Automotive - Overview

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US62526P1093

MULN: Electric Vehicles, Passenger Cars, Commercial Vehicles, Batteries

Mullen Automotive, Inc., an electric vehicle company, manufactures, sells, and distributes electric vehicles. Its products include passenger electric vehicles and commercial vehicles; and provides solid-state polymer battery technology. The company is headquartered in Brea, California. Web URL: https://www.mullenusa.com

Additional Sources for MULN Stock

MULN Stock Overview

Market Cap in USD 24m
Sector Consumer Cyclical
Industry Auto Manufacturers
GiC Sub-Industry Automobile Manufacturers
IPO / Inception 2008-10-17

MULN Stock Ratings

Growth 5y -96.9%
Fundamental -
Dividend -
Rel. Strength Industry -440
Analysts -
Fair Price Momentum 1.17 USD
Fair Price DCF -

MULN Dividends

No Dividends Paid

MULN Growth Ratios

Growth Correlation 3m -50.9%
Growth Correlation 12m -97.6%
Growth Correlation 5y -91%
CAGR 5y -93.42%
CAGR/Mean DD 5y -2.47
Sharpe Ratio 12m -2.66
Alpha -106.10
Beta 0.08
Volatility 0.19%
Current Volume 1681.4k
Average Volume 20d 2119k
What is the price of MULN stocks?
As of December 22, 2024, the stock is trading at USD 1.19 with a total of 1,681,444 shares traded.
Over the past week, the price has changed by -24.68%, over one month by -55.93%, over three months by -82.19% and over the past year by -99.85%.
Is Mullen Automotive a good stock to buy?
No, based on ValueRay Analyses, Mullen Automotive (NASDAQ:MULN) is currently (December 2024) a stock to sell. It has a ValueRay Growth Rating of -96.94 and therefor a clear technical negative rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of MULN as of December 2024 is 1.17. This means that MULN is currently overvalued and has a potential downside of -1.68%.
Is MULN a buy, sell or hold?
Mullen Automotive has no consensus analysts rating.
What are the forecast for MULN stock price target?
According to ValueRays Forecast Model, MULN Mullen Automotive will be worth about 1.4 in December 2025. The stock is currently trading at 1.19. This means that the stock has a potential upside of +18.49%.
Issuer Forecast Upside
Wallstreet Target Price 23 1832.8%
Analysts Target Price 23 1832.8%
ValueRay Target Price 1.4 18.5%